Mert Mumtaz & Illia Polosukhin: What Happened to Zcash (Full Explanation)
About this episode
Mert Mumtaz and Illia Polosukhin discuss the Zcash situation, its implications, and recent developments in the cryptocurrency market.
Illia and Mert break down why the Zcash situation is a known ZK circuit trade-off and not the infinite mint catastrophe the market priced in, why Project Tachyon's formal verification is the most bullish upgrade in Zcash history, and why NEAR Intents generated $150K in a single volatile day, buying back NEAR while everyone else was selling. Illia Polosukhin is Co-Founder of NEAR Protocol, and Mert is Co-Founder of Helius, a leading Solana infrastructure platform. The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world. Timestamps 00:00 Zcash Exploit Or Not? 00:41 ZK Circuit Risk Explained 02:32 Why ZEC Price Dropped 03:48 Zcash Sapling Pool 2019 05:22 No Infinite Mint Evidence 06:31 Formal Verification Is Solution 08:05 Project Tachyon Quantum Proof 11:18 AI Vulnerability Armageddon Coming 17:02 Zcash Optional Transparency Explained 21:08 NEAR Intents ZEC Inflow 24:35 Bear Case Worst Scenario 30:01 NEAR Profits On Volatility 33:43 Arthur Dumped NEAR Reaction Guest Socials: Mert Mumtaz X: https://x.com/mert Helius X: https://x.com/helius Helius Website: https://www.helius.dev/ Illia Polosukhin X…
Sponsors
Better than Banks, APYX
More episodes of The Rollup
- David Schamis: HYPE Is The Best Asset In The World (Bull Thesis)
- Jake Brukhman: Why Decentralized AI Is Set To Explode (What's Changed)
- Frax Founder: The Future Of Stablecoins & Onchain Businesses (Why Now)
- DeFi Dad: The Ethereum Bull Thesis In 2026 (What's New)
- Haseeb Qureshi: The Meteoric Rise of Perps (And The Next Massive Move)
Explore listener stats, chart rankings, contacts and more on the The Rollup podcast page.